Simon Property Group, which owns 178 mall and outlet properties, was quite busy last year addressing debt maturities, completing $9 billion of deals, including $7 billion of mortgage refinancings and...
Commercial Real Estate Direct Staff Report Fannie Mae funded $261 billion of multifamily loans during the final quarter of 2025, bringing full-year volume to $74 billion The annual volume is a 34% increase from 2024, when the housing-finance agency...
Morningstar DBRS has sharply downgraded the two most senior classes of the CMBS deal that holds a $16142 million mortgage against nine office properties with 139 million square feet owned by a Brookfield Asset Management-sponsored fund It downgraded...
Hull Property Group has acquired the Dayton Mall in Dayton, Ohio, for $37 million, resolving a long-troubled CMBS loan that had a $2078 million balance at the time of the retail property's purchase The transaction resulted in an $115 million loss to...
Bloomberg Palantir Technologies Inc is looking to lease additional office space in Manhattan The Denver data-integration company leases about 202,146 sf in Manhattan, including 140,345 sf at 620 Ave of the Americas The above first was reported by...
Commercial Observer GEICO has increased its footprint by 21,000 square feet to 121,000 sf at the 7272 Wisconsin Ave office property in Bethesda, Md The 348,000-sf building is owned by Carr Properties of Washington, DC CBRE represented Geico, while...
San Francisco Chronicle AI company Anthropic has fully leased 300 Howard St, a 466,000-square-foot office property in downtown San Francisco The five-year-old company has signed a 13-year deal for the 25-story property, formerly known as 199 Fremont...
Commercial Observer JPMorgan Chase Bank has increased its footprint at the 171 million-square-foot 5 Manhattan West office property in Manhattan’s Hudson Yards area by 139,322 sf to 566,549 sf The bank was paying $9283/sf in annualized base...
National monthly multifamily rents averaged $2,204/unit last year, growing by just 02% from the previous year, according to CBRE It marked the third straight year of muted rent growth, following the 2021 and 2022 rent...
Commercial Real Estate Direct Staff Report The continued weak performance of 521 Fifth Ave in Midtown Manhattan has prompted S&P Global Ratings to downgrade three bond classes of COMM, 2019-521F, the CMBS deal that holds the 494,527-square-foot...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
